Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Income

v3.22.1
Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 231,239 $ 164,981
Costs and operating expenses:    
Selling, general and administrative expenses 906 38
Amortization of intangible assets 4,736 4,288
Total costs and operating expenses 219,325 155,378
Operating income 11,914 9,603
Interest expense, net 3,609 3,030
Income before income taxes 8,305 6,573
Provision for income taxes 2,061 1,462
Net income $ 6,244 $ 5,111
Basic earnings per share (in dollars per share) $ 0.49 $ 0.42
Basic weighted average shares outstanding (in shares) 12,741,394 12,076,509
Diluted earnings per share (in dollars per share) $ 0.49 $ 0.42
Diluted weighted average shares outstanding (in shares) 12,803,279 12,171,828
Dividends declared per share (in dollars per share) $ 0.10 $ 0.09
Products    
Revenues:    
Total revenues $ 137,231 $ 78,580
Costs and operating expenses:    
Costs and operating expenses 122,455 70,712
Services    
Revenues:    
Total revenues 94,008 86,401
Costs and operating expenses:    
Costs and operating expenses $ 91,228 $ 80,340